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Job Survey: Patent Attorney

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Location: Boston
Company: Ropes and Gray LLP
Experience: Entry-level
Highest Level of Education: PHD - Academic Program



Job Responsibilities
I am a PhD scientist/patent attorney. The main area of my practice is to help scientists and engineers apply for patents in the United States and other countries as well. Because of my firm's strength in FDA regulatory work and life sciences industry in general, I am also able to work on issues such FDA regulations on drug advertising and promotions, generic versus brand name competition, etc. There are also plenty of opportunities to work with venture capital firms to help then identify a biotech target firm and make investment decisions by analyzing the strength of the target's patent/intellectual property position and portfolio. There are also transactional projects such as in and out licensing of technology. The diversity of a patent attorney's practice depends on whether the firm provides such diverse opportunities as well as on the attorney's personal interests.
Job Requirements
I received a PhD first; and after two years of postdoc, I went to law school full time at UC Berkeley, which offers the best intellectual property law program. Another possible pathway is to apply for a firm's patent agent training program or technical advisor/specialist program. That way, you will have to work during law school (part time or full time depending on individual firm's policy) but will be making money and saving tuitions.
Uppers
The upper about my job is I get to be at the forefront of biotechnology. I usually review grant applications by professors before they are even submitted to, e.g., the NIH, not to mention manuscripts, meeting presentations. Companies are even more careful about what to and what not to publish or present to the public. Patent attorneys help companies make such strategic decisions to fit in each company's business plan.
Downers
Downer is billable hours--I have to keep track of minutes that I spent for a client. Billable is almost the only way a law firm can make money. So by filling out the survey, I am losing at least half an hour billable...
Lifestyle
It varies from firm to firm and person to person. Generally it i manageable--about 50-60 hours per week with efficiency (i.e., about 40 house billable).
Compensation
Base salary is $125000 for first year associate in large general practice law firm or top tier IP boutiques. Not sure about bonus yet, but typically it is at least $10000 at the end of the first year.
Advice to Jobseekers
Don't do it if you like hands on bench work--I am the exact opposite, so are my colleagues--there are at least 10 PhD chemists or biologists who got tired of bench work and became patent attorneys/agents.

This Patent Attorney career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

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Read Vault Employee Surveys for the inside scoop on specific employers
Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools